Leased
New
For Sale
$454,900
697 - 701 Creekside Circle, New Braunfels, TX 78130
Residential, New Braunfels, TX
Property Size2,565 SF
Lot Size0.19 Acres
Price / SF$177.35
Days on Market2
Property Features for 697 - 701 Creekside Circle
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 6, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 3
Parking features
Garage, Open
Interior features
CeilingFans, DoubleVanity, RecessedLighting, TileCounters, TubShower, WalkInClosets, WindowTreatments, KitchenIsland, KitchenFamilyRoomCombo, KitchenDiningCombo, Pantry
Fencing
Privacy
Appliances
Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, MultipleWaterHeaters, Refrigerator, Microwave, Range
Subdivision
Creekside Crossing 2
Lot features
City Lot, Level, Mature Trees, Sprinklers Automatic, Less Than Quarter Acre
Elementary school district
Comal ISD
Middle school district
Comal ISD
High school district
Comal ISD
Directions
Exit IH-35 onto Hwy 46 East and take a left on Alves Lane and drive up about mile and take a left onto Creekside Orchard.
Standard status
Active
APN
386325
Size
2,565 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
CREEKSIDE CROSSING 2, LOT 28
Tax Annual Amount
7363
HOA Fee
$765 Annually
Legal Description
CREEKSIDE CROSSING 2, LOT 28
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Amenities
xeriscape landscaping
Building Details
Year built
2014
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Tile, Carpet
Building materials
Brick, HardiplankType, Masonry, StoneVeneer
Roof type
Shingle, Composition
Architectural style
Other
Listing Agency:
Property Professionals, Inc
(830) 625-8065
Listed By:
Alicia Hay · License #0542386
(830) 481-4268
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 13 at 3:06PM
MLS# 627566
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2014, this duplex contains 2,565 square feet across two residences. Each side has three bedrooms, two bathrooms, and a two-car garage. Brick, masonry, Hardiplank, and stone veneer are among the exterior materials; the property also features xeriscape landscaping.
Both units are leased. One lease runs through June 30, 2027, and the other through February 28, 2027. The property occupies a 0.19-acre lot in New Braunfels.
Both units are leased. One lease runs through June 30, 2027, and the other through February 28, 2027. The property occupies a 0.19-acre lot in New Braunfels.
Key Highlights
- Two residences, each with 3 bedrooms, 2 bathrooms, and a 2‑car garage
- 2,565 square feet of building area
- Both units leased: one term ends 6/30/2027 and the other 2/28/2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,324
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$526,480
$526.5K
Cap Rate 7%
$376,057
$376.1K
Cap Rate 9%
$292,489
$292.5K
Market Conditions
NOI Build-Up for 2,565 SF
Gross rent
$41.6K $16.20/SF
− Vacancy
−$3.9K −$1.54/SF
EGI
$37.6K $14.66/SF
− OpEx
−$11.3K −$4.40/SF
NOI
$26.3K $10.26/SF
Area
Comal County, TX
Vacancy
9.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$526,480
Cap Rate 7%
$376,057
Cap Rate 9%
$292,489
Alternative Uses
Best Use
Multifamily LT 5
$376.1K
$329.1K – $438.7K
NOI $26,324 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$326.5K
$285.7K – $380.9K
NOI $22,854 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$654.3K
$572.5K – $763.3K
NOI $45,800 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Explore this area
Business Placement
Demographics for 78130, TX
88,349
Population
40,810
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
91.0 sq mi
ZIP Area
971
Density / Sq Mi
$84,426
Median Household Income
$45,253
Median Earnings
$1,525
Median Rent
$296,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied under leases extending into 2027.
Where is this duplex located?
The property is located at 697 - 701 Creekside Circle New Braunfels, TX.
What is the asking price?
The asking price for this property is $454,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms, 2 bathrooms, and a 2‑car garage; 2,565 square feet of building area; Both units leased: one term ends 6/30/2027 and the other 2/28/2027
